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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net Income (Loss) Attributable to Parent $ 94.0 $ 236.2 $ 239.3
Cash flows from operating activities      
Net income 94.0 236.2 239.3
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 169.8 162.1 158.1
Goodwill and Intangible Asset Impairment 196.6 0.0 0.0
Excess tax benefit from share-based payment arrangements 0.0 (4.5) (1.9)
Share-based compensation 17.4 18.1 18.4
Deferred income taxes (131.2) 26.2 14.2
Income of unconsolidated affiliated company (2.9) (2.2) (1.9)
Cash dividends received from unconsolidated affiliated company 0.0 2.7 1.7
Non-cash impairment charge of discontinued operations 0.0 0.0 3.2
Gain (loss) on sale of property and equipment 6.6 (0.1) (1.9)
Changes in operating assets and liabilites, excluding the effect of acquisitions, divestitures and currency      
Trade receivables 17.3 7.5 (3.3)
Inventories (64.1) (7.5) 16.0
Prepaid expenses and other current assets (17.2) 1.0 5.3
Accounts payable 90.8 37.8 77.5
Employee-related liabilities (7.2) (15.6) 8.8
Accrued income and other taxes (0.4) (0.7) 17.1
Other current liabilities (3.6) (22.9) 3.5
Changes in other liabilities and deferred credits 86.7 17.6 6.0
Changes in deferred charges and other assets (73.6) (18.3) (7.7)
Net cash provided by operating activities 379.0 437.4 552.4
Cash flows from investing activities      
Additions to property and equipment (188.5) (208.3) (219.4)
Business acquisitions and adjustments, net of cash acquired (3.9) (114.5) (66.4)
Proceeds from sale of property and equipment 14.5 11.6 9.6
Proceeds from divestitures 0.0 0.0 13.6
Net cash provided by (used in) investing activities (177.9) (311.2) (262.6)
Cash flows from financing activities      
Proceeds from issuance of long-term debt 2.2 299.0 2.0
Repayments of long-term debt 0.0 (23.8) (0.9)
Net borrowing (repayment) of commercial paper 17.0 (110.0) 12.2
Net borrowing (repayment) of short-term debt (3.0) (8.1) (9.6)
Cash dividends paid to shareholders (111.2) (113.9) (109.7)
Common stock purchased for the treasury (103.8) (143.9) (150.1)
Deferred payments for business acquisitions 0.0 0.0 (4.3)
Excess tax benefit from share-based payment arrangements 0.0 4.5 1.9
Stock incentive programs and related tax withholdings (8.5) (14.2) (6.8)
Net cash used in financing activities (207.3) (110.4) (265.3)
Effect of exchange rates on cash and cash equivalents 3.1 (0.8) (12.4)
Net increase (decrease) in cash and cash equivalents (3.1) 15.0 12.1
Cash and cash equivalents balance at beginning of year 74.2 59.2 47.1
Cash and cash equivalents balance at end of period 71.1 74.2 59.2
Interest paid during the year 63.8 57.4 48.5
Income taxes paid during the year $ 73.5 $ 93.1 $ 84.7